When You Purchase A Home
When you purchase a home it will be a very rewarding experience. At Fairway Independent Mortgage, Inc., we feel lucky every day that we are given the ability to help our customers finance a piece of their future. We service areas all throughout Kansas and are happy to assist you in every step of the way.
Purchasing A Home Is Very Complex
A home purchase is also a very complex undertaking and requires that many elements work cohesively and come together in just the right way. Having a knowledgeable and experienced mortgage loan originator on your side makes all the difference in the world. Our Kansas loan originators will help you navigate the mortgage process by offering you helpful tips and advice, creating an environment of knowledge and teamwork, and making sure your goals and needs are not only being heard but are being met every step of the way.
Please read some of the following home purchase topics. They will be a great first step in this exciting and extremely rewarding process. It is important to not get overwhelmed and enjoy the ride to the purchase of your home.
- Start early and save for a down payment early
- Determine how much you can afford
- Make sure to check your credit
- Do not start any new credit activity
- Know your down payment options
- What are your state and local assistance programs
- Keep a budget for any closing costs you may have
- Set aside more money for after move-in
- Consider what type of property you would like to buy
- Research and learn about your mortgage options
- Compare some of the mortgage rates
- Get a preapproval letter it will keep you ahead of others
- Hire the right buyers agent, we can help you find one
- You want to stay under your preapproval limit
- Look into the neighborhood you want to buy in
- Check out an open house and make the most of it
- Don’t buy a home for today, buy it looking into the future
- Be prepared to compromise on certain things you to come with the house
- Make a good offer
- Do not get into a bidding war and go over your budget
- Work closely with your insurance agent to understand the cost of homeowner’s insurance
- Study and decide whether or not you want to purchase a home inspection
If you have any questions, please don’t hesitate to reach out to us anytime by calling us today! (316) 683-4700